Greenland Interest | Donald Trump confirmed his interest in acquiring Greenland for the US, Denmark's Prime Minister Mette Frederiksen said following a 45-minute phone call with the incoming US president yesterday. "There is no doubt that there is great interest in and around Greenland," she said in a TV interview. Surprise Move | The US's decision to limit Poland's access to AI chips from firms such as Nvidia and Oracle is "incomprehensible," Poland's deputy prime minister said this week. Poland wasn't the only country swept up in the White House effort to keep the chips inside the US. Israel and other EU members will also be affected. Eastern Promises | At current yield levels, the Eastern European bond market offers too much risk for too little reward, according to the $48 billion investment advisor Brandywine Global Investment Management. Wobbly politics, high energy costs and weaker currencies make alternative bonds from countries like Israel, Egypt or Turkey more attractive. Parallel Institutions | With four weeks to go before its election, Kosovo shut down two dozen Serb-run "parallel" institutions operating within its borders, including municipal offices and tax facilities. Pristina described the move as an effort to dismantle "criminal and illegal" structures. But with tensions between the countries already running high, the move risks stirring fresh unrest. Banker's Oath | In an effort to shore up public trust in the country's financial institutions, Belgian bankers will now have to swear an oath in front of the country's market officials in which they promise to act with honesty and integrity. Read the text of that oath here. |
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